Navios Maritime Partners L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2015
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Morgan Stanley Downgrades Navios Maritime Partners (NMM) to Underweight
February 4, 2016 12:52 PM ESTMorgan Stanley downgraded Navios Maritime Partners (NYSE: NMM) from Equalweight to Underweight with a price target of $0.50 (from $3.00).
For an analyst ratings summary and ratings history on Navios Maritime Partners click here. For more ratings news on Navios Maritime Partners click here.
Shares of Navios Maritime Partners closed at $1.55 yesterday.
... MoreDeutsche Bank Downgrades Navios Maritime Partners (NMM) to Hold
February 3, 2016 9:02 AM ESTDeutsche Bank downgraded Navios Maritime Partners (NYSE: NMM) from Buy to Hold with a price target of $1.25 (from $6.00).
Analyst Amit Mehrotra said, "The move reflects managements surprising announcement this morning to suspend entirely its cash distribution of 85c per share,... More
Navios Maritime Partners (NMM) Misses Q4 EPS by 6c, Suspends Distrubutions
February 3, 2016 8:17 AM ESTNavios Maritime Partners (NYSE: NMM) reported Q4 EPS of $0.09, $0.06 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $53.3 million versus the consensus estimate of $59.63 million.
Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners stated, For 2015, we reported $153.3 million of EBITDA and earned $41.8 million of net income. Our net income per unit for the... More
